Transdigm Group (NYSE:TDG) COO Joel Reiss Sells 3,900 Shares of Stock

Transdigm Group Incorporated (NYSE:TDGGet Free Report) COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Joel Reiss also recently made the following trade(s):

  • On Monday, June 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00.

Transdigm Group Price Performance

NYSE TDG opened at $1,236.76 on Wednesday. The company has a market cap of $69.17 billion, a P/E ratio of 37.52, a P/E/G ratio of 2.10 and a beta of 0.91. The stock has a 50-day moving average of $1,272.09 and a two-hundred day moving average of $1,250.15. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDGGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the prior year, the company earned $9.60 earnings per share. The business’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on TDG shares. Jefferies Financial Group raised their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Royal Bank Of Canada reduced their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Morgan Stanley lowered Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Weiss Ratings cut Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, Susquehanna cut their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Transdigm Group has a consensus rating of “Hold” and an average price target of $1,463.71.

View Our Latest Research Report on TDG

Institutional Investors Weigh In On Transdigm Group

Several institutional investors have recently modified their holdings of the company. Family Legacy Inc. boosted its holdings in Transdigm Group by 0.3% in the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after acquiring an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Transdigm Group by 17.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock worth $73,000 after purchasing an additional 8 shares during the last quarter. CYBER HORNET ETFs LLC raised its holdings in Transdigm Group by 6.1% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares during the last quarter. Fisher Asset Management LLC lifted its position in Transdigm Group by 3.1% during the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock valued at $398,000 after purchasing an additional 9 shares during the period. Finally, Harbour Investments Inc. lifted its position in Transdigm Group by 13.6% during the 4th quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock valued at $100,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Company Profile

(Get Free Report)

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.

Read More

Insider Buying and Selling by Quarter for Transdigm Group (NYSE:TDG)

Receive News & Ratings for Transdigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transdigm Group and related companies with MarketBeat.com's FREE daily email newsletter.